Wait a minute, let me get this right: you made your first investment in Q the day of the big earnings announcement, and picked up a 55 point gain within 24 hours of getting in? Harrumph harrumph...and people accuse me of bragging...
Ah, c'mon Tekkie.......my good fortune on that one day was unique, and related entirely to luck, not skill. Also, my post exposed my sensational ignorance in investing a very large sum of $ into a company without knowing the fundamentals for 6 months. Think about it, 6 months of dead money.....imagine what that would have done if I had invested it in almost anything else on this thread. Yes, the only bragging from that post was one of stupidity.
Besides, I shared that story so I could justify the last line in my post, about not 'dicking around' trying to time the Q. In the heady academic atmosphere of Boston, I never get to use that expression, which harkens to the time I grew up in my Dad's pool hall as a teenager. Not only did we gamble alot shooting pool and playing poker, but......remember those gumball machines with the colored gumballs you could get for a penny? We used to bet on what color gumball would come out.
Nowadays, I suppress these gambling instincts honed from childhood, and can readily see how they might evolve into.....MO-MO tendencies in investing. <vbg>
Stan |
